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Vignesh (.)     18 December 2011

Settlement deed

Hello Sir,

 

There is an apartment in my father`s name who is no more. Me ,my brother and my step mother are the only legal heirs to my father. Me and My step mother have decided to surrender our shares to my brother. My step mother demands 4 lakhs rupees for this and we have agreed orally.

Here are my questions below.

1. Please send me a drafted settlement deed for this.

2.In  Which stamp paper this deed needs to be registered so that this property is legally clean at my brothers disposal in future.

 



Learning

 2 Replies

Advocate M.Bhadra   18 December 2011

Deed Of settlement should be drawn by a Lawyer and to be made on facts and information derived from documents.Stamp duty and registration charge may vary from State to State,contact with a loacal lawyer.

adv. rajeev ( rajoo ) (practicing advocate)     19 December 2011

First get enter all the legal heirs names to the property, after that who wish to relinquish their rights in the propertyt will have to execute the regd., rilinquish deed.


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